Finpro
HYCM
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Overview
Finpro was founded in 2008 and is headquartered in GRENADINES, while HYCM was established in 1977 and is based in UK. Finpro holds licences including Unregulated, while HYCM is regulated by Financial Conduct Authority (FCA) among others. Finpro serves 10,000+ clients worldwide; HYCM has 10,000+. The minimum deposit is $0 at Finpro and $100 at HYCM.
| Feature | Finpro | HYCM |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 |
| Founded | 2008 | 1977 |
| Country | GRENADINES | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Finpro and HYCM, directly affecting your bottom line as a trader. Finpro has a lower barrier to entry with a minimum deposit of $0 (vs $100 at HYCM). HYCM charges withdrawal fees while Finpro does not, giving Finpro an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Finpro scores higher on fees in our assessment.
| Feature | Finpro | HYCM |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Finpro offers MT4, MT5, cTrader, while HYCM supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. HYCM supports social and copy trading features, which Finpro does not offer. The two brokers are closely matched on platform offering.
| Feature | Finpro | HYCM |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Finpro and HYCM compare. HYCM runs regular live webinars; Finpro does not. HYCM has a video library; Finpro does not. HYCM publishes daily market commentary; Finpro does not. HYCM integrates third-party research tools (Trading Central, Autochartist); Finpro does not. HYCM maintains an archive of past webinars for on-demand viewing. HYCM scores higher overall in education and research.
| Feature | Finpro | HYCM |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Finpro accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while HYCM supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). HYCM uniquely supports PayPal and Skrill and Neteller among the two brokers. HYCM scores higher on deposit and withdrawal flexibility.
| Feature | Finpro | HYCM |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Finpro and HYCM offer live chat support. Both provide phone support. Email support is available at both brokers. Finpro supports 2 languages and HYCM supports 5, giving HYCM broader global reach. Both brokers are comparable on support quality.
| Feature | Finpro | HYCM |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese, Chinese (Traditional), Arabic, and Russian |